Having spent much of Sunday surfing the web for Occupy Wall Street t-shirts and mugs for a birthday gift for my father—a lifelong champion of the 99%—my first thought was that I wish I had known about the fleeces, it would have made a much nicer gift. But then I looked a little more closely and saw that it wasn’t an Occupy fleece, but one that read “OWS Capital Management.” A few passengers looked at me when I laughed out loud.Meet the hedge fund with the unluckiest name: OWS - The Term Sheet: Fortune’s deals blog Term Sheet (via felixsalmon)
As we just mentioned, here’s the video of Occupy protesters interrupting Obama’s speech, and his direct reply to the movement.
For a lot of the folks who have been in New York and all across the country in the Occupy movement, there is a profound sense of frustration about the fact that the essence of the American dream, which is if you work hard, if you stick to it that, you can make it, feels like that’s slipping away. And that’s not the way things are supposed to be. Not here. Not in America.President Obama • Responding to an interruption by Occupy protesters during a jobs speech in New Hampshire. After protesters “human-mic’d” themselves into the President’s attention (“Mr. President, more than 4,000 peaceful protesters have been arrested…”), he gave the above response, which seems both significant and somewhat lacking. That the President would directly address the protesters and cast himself on their side, in a way, speaks to the now nearly unstoppable influence the Occupy movement is having on the public discourse. At the same time, though, what Obama chose to say was fairly customary “American dream” rhetoric that didn’t address their specifically stated concern over the arrests of their comrades. source (via • follow)
As Chancellor, I take responsibility for everything that happens on this campus. At the same time, our campus has policies, and—the only reasons we have those policies in place is to make sure the 32,000 students who are using our campus are safe.UC Chancellor Linda Katehi • After refusing to resign due to the events at UC Davis last week, wherein UCPD Lt. John Pike pepper sprayed a line of seated, peaceful protesters. During the same KQED interview, she also that she needs to “understand what went wrong…why things went so wrong,” which seems to be obfuscating the issue. Isn’t it clear what what wrong? Anyway, the UCPD police chief, along with Pike and another officer, have all been placed on “administrative leave;” 60,000 people have signed a petition calling for Katehi’s resignation. (Note: this interview wrapped up earlier the hour; we’ll let you know when a transcript is available.) source (via • follow)